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| Yesterday’s UK 100 Leaders | Price (p) | % Chg |
| Ashtead Group PLC | 5,195.8 | 6.8% |
| Intermediate Capital Group PLC | 1,731.1 | 5.8% |
| Smurfit Kappa Group PLC | 3,088.0 | 4.1% |
| Mondi PLC | 1,459.9 | 2.1% |
| WPP PLC | 766.0 | 1.5% |
| Yesterday’s UK 100 Laggards | Price (p) | % Chg |
| St. James’s Place PLC | 646.4 | -4.4% |
| Hikma Pharmaceuticals PLC | 1,867.4 | -4.1% |
| Rs Group PLC | 749.8 | -3.0% |
| Standard Chartered PLC | 592.6 | -2.8% |
| Entain PLC | 952.4 | -2.3% |
| Major World Indices | Price | % Chg | 1 YEAR |
| UK 100 INDEX | 7,530 | 0.0% | -2.8% |
| DOW JONES INDUS. AVG | 37,871 | 0.2% | 12.1% |
| DAX INDEX | 16,907 | 0.1% | 12.1% |
| NIKKEI 225 | 36,236 | 0.0% | 32.4% |
| S&P/ASX 200 INDEX | 7,555 | 0.5% | 1.2% |
| Commodities | Units | Price | % Chg |
| WTI Crude Oil (Nymex) | USD/bbl. | 76.65 | 2.08% |
| Brent Crude (ICE) | USD/bbl. | 81.66 | 2.02% |
| Gold Spot | USD/t oz. | 2,016 | 0.1% |
| Copper (Comex) | USd/lb. | 387 | -0.5% |
Click graph to enlarge
The UK 100 called to open +42 points at 7,571. The UK 100 is expected to open higher after positive economic data sent US stocks higher. Sentiment may also be boosted by news consumer confidence in the UK has reached its highest level in two years, according to GfK. The S&P rose for a sixth straight day, overcoming a slump in Tesla as data indicated continued economic growth. The broad index rose 0.53% to 4,894.16, clinching another all-time closing record. The Dow Jones added 242.74 points, or 0.64%, to 38,049.13. The Nasdaq increased by just 0.18% to 15,510.50, weighed down by a post-earnings tumble in Tesla shares.
BHP Group notes reports about Brazil court decision on $32bn prosecution office claim relating to failure of Fundoo tailings dam in Brazil. Reports say BHP and partners are to pay $9.7bn in damages, but they state that they have not been served a decision by the court. The provision related to dam failure that BHP have set aside in their results last June was $3.7bn.
Paragon Banking have reconfirmed their FY guidance. Their trading was in in-line with board’s expectations for Q1 2023/24 as they reiterate their FY guidance.
WH Smith reported an 8% rise in total revenues for the 20 week period to Jan 20th, benefiting from resilient travel demand. The upswing in footfall at train stations and in airports has brought brisk business with Travel UK posting a revenue increase of 15% for the period.
Wickes Group report that they expect their annual profit to be at the upper end of market expectations, as they kept a tight lid on costs and saw strong demand in categories like flooring and decorating. Analysts expect an adjusted pretax profit in the range of £44.9-48.3m for the FY.
No new broker comments
UK
Paragon Banking Group
WH Smith
US
American Express
UK
None
US
None
UK GfK Consumer Confidence
German Gfk Consumer Confidence Survey
US Personal Consumption Expenditures – Price Index
US Personal Income
US Personal Spending
US Personal Consumption Expenditures – Price Index
US Core Personal Consumption Expenditures – Price Index
US Core Personal Consumption Expenditures – Price Index
US Pending Home Sales
UK 100 companies going ex-dividend on 29th January 2023:
Mondi* (Special cash dividend & share consolidation 10 for 11)
UK 250 companies going ex-dividend on 2nd February 2023:
Paragon Banking Group
IG Group Holdings
SSP Group
Edinburgh Investment Trust
Schroder Oriental Income Fund
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